I'm looking to invest in self-storage in the smaller cities and towns surrounding the Twin Cities area and am debating between two options: buying land and building a new facility or purchasing an existing one.

If I were in your shoes, I would be conservative as possible and go for the worst case scenario.

I know people will spend more time picking a pair of shoes or an appliance than they will investing in a syndication or even buying a property.

I wanted to see what would you all do if you were in my shoes?

At the time the tenants wanted compensation for many shoes and much clothes that was on the floor and have been damaged. 

If I'm in your shoes, this is also an excellent time to document and track each and every transaction + its associated MLS ID.

For example, I upper the rent on a tenant and offered storage space so they saw added value for the increase.

Now our fax machine is in storage next to our Betamax recorder, eight track tape, and Blockbuster membership card.If you’ve been in business or investing for 25 years I’d love to hear how technology has changed the way you work!

I'm currently diving into the world of commercial real estate with a specific focus on RV and boat self-storage investments.As I'm just starting out, I'm here to learn as much as possible and to connect with experienced investors and professionals.

You could also create storage spaces, like a garage or basement and rent it out on neighbor.com.